TikTok is building a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors, The Information reported. The company has developed a plan to launch the new TikTok app, known internally as “M2,” to U.S. app stores on September 5. Under the plan, ... Read more ›
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TikTok is building a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors. The company has developed a plan to launch the new TikTok app, known internally as “M2,” to U.S. app stores on September 5, according to two people with knowledge of the matter. (The existing TikTok app is known internally as “M.”) Under the... Read more ›
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Tesla CEO Elon Musk said Friday that he planned to launch his own political party, the “America Party,” and suggested the party would “laser-focus on just 2 or 3 Senate seats and 8 to 10 House districts.” “When it comes to bankrupting our country with waste & graft, we live in a one-party ... Read more ›
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President Donald Trump said late Friday that the U.S. was close to a deal for the American operations of TikTok and his administration would start talking to the Chinese government on Monday or Tuesday about the plan. “I think the deal is good for China, and it’s good for us,” he told reporters ... Read more ›
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Welcome, Weekenders! In this newsletter:• Lists: 25 great books for summer 2025 • The Arena: A counter-terrorism startup is a surprise WNBA partner• Artificial Intelligence: Why Meta and Google learned to love art• Plus, our Recommendations: a pop-critic laureate; Alexander Hamilton’s dual roles; and a nightly island getawayThe holiday weekend seems to have forced a momentary pause in the AI talent war between Meta Platforms and OpenAI: It’s been a... Read more ›
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Dead billionaires have piled up in modern pop culture to an almost absurd amount. Surely some Pacific Heights morgue is overflowing by this point. Well, “Dead Money” adds one more to the examiner’s table: Trevor Canon, the uber-wealthy founder of Journy, an Uber-like startup worth mega billions. His death throws his company’s future into doubt through what debut novelist Jakob Kerr calls a “dead money provision,” some legalese that freezes... Read more ›
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On an unseasonably warm May afternoon in Manhattan’s bustling Rockefeller Center, the designers Wade Jeffree and Leta Sobierajski stood a few yards in front of a large, colorful sculpture—a “vibrant mirrored maze,” as a nearby placard puts it—that they’d spent the past year building. Billed as a Google Labs Collaboration, the project, per the tech giant, was spurred by the question, “How can generative AI expand the creative process?” Google... Read more ›
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There are no bargains in artificial intelligence. Investors just gave $2 billion to Mira Murati’s Thinking Machines Lab, which is five months old, has no products and produces little revenue. There is value, though, if you look closely enough. Focusing on valuation, growth rates and revenue across the AI landscape separates the reasonable values from the froth, and the likely success stories from companies that may struggle to meet their... Read more ›
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Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, is delaying the construction of its second plant in Japan, the Wall Street Journal reported, citing people familiar with the plans. TSMC is pushing back the plans in Japan because it is prioritizing the expansion of its ... Read more ›
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Artificial intelligence startups aren’t just chasing capital. They’re seeking deals for customer data.As my colleague Kevin and I reported earlier this week, enterprise software firms such as Salesforce, Notion and Atlassian are limiting other companies’ access to customer data they host. The reason seems to be that AI startups like Glean threaten these software firms by making it easier for customers to search and analyze their data in the enterprise... Read more ›
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Apple has considered launching its own public cloud for its millions of developers, The Information reported Thursday. The service would run on Apple’s chips and could potentially handle certain workloads more efficiently than the major cloud players. Apple sees its cloud as ... Read more ›
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YouTube has engaged in “productive discussions” with Donald Trump “regarding next steps” in a 2021 case in which Trump sued YouTube and Google chief executive Sundar Pichai for banning his accounts after the January 6 riots, according to a May court filing. Additional discussions were “ ... Read more ›
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If anyone enjoys this holiday, it should be Jensen Huang. Nvidia stock on Thursday closed at $159.34 a share, up 18.6% for the year, giving it a market capitalization of $3.88 trillion. Getting to $4 trillion is within reach. (Remember when passing $1 trillion was a big deal for any company?) Right now, Nvidia is valued only a little below what Alphabet and Meta Platforms are worth on a combined... Read more ›
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As you might’ve noticed from our latest Creator Economy database update, fundraising by creator startups in the second quarter dropped from the year-ago quarter as well as the first three months of the year. It’s notable though, that investments in startups focused on artificial intelligence and marketing rose over both periods. In fact, funding for creator startups focused on AI topped $500 million last quarter. Nectar Social’s new $8.6 million... Read more ›
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Safe Superintelligence, the secretive AI lab co-founded by OpenAI co-founder and former chief scientist Ilya Sutskever, confirmed the departure of co-founder and venture capital investor Daniel Gross. Sutskever is now CEO and will continue to oversee the company’s technical team. In a post on X, ... Read more ›
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Apple over the past few years considered launching a business renting out its servers to the millions of developers that create apps for the iPhone and Mac, in what would be a hugely ambitious move that would pit it against Amazon, Microsoft and Google. The idea discussed was for Apple to rent out servers running on Apple’s own chips, said three people involved in the effort. That reflects Apple’s successful... Read more ›
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Competition is heating up in the artificial intelligence coding market, as the maker of coding assistant Cursor hired the two leaders of Anthropic’s rival coding product, Claude Code. But both AI firms are growing rapidly as businesses, especially tech startups, go all-in on coding assistant apps rather than hiring more human engineers.For instance, e-commerce marketplace app Gumroad has been heavily using Cursor and Devin, another AI coding app, over the... Read more ›
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Buyout firm Thoma Bravo has agreed to acquire restaurant software maker Olo for $2 billion, the companies announced on Thursday. Olo shareholders will receive $10.25 per share in cash, a 65% premium on the company’s share price of $6.20 on April 30, the last trading day prior to media reports of ... Read more ›
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Six months ago or so, when OpenAI and Anthropic projected how much revenue they would generate this year, the figures might have sounded crazy. Not anymore! This week, Natasha and I reported that Anthropic has passed $4 billion in annualized revenue, up from a $3 billion rate it was at just a month ago and about $1 billion at the start of the year. At that growth rate, the company... Read more ›
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Google’s relations with publishers have suffered lately, as its shift to AI-powered searches has hurt traffic being sent to publishers’ web sites. But Google is now taking steps to curry favor with publishers. In recent weeks, Google staffers on its ad tech unit that helps publishers sell ad space, known as Google Ad Manager, have told publishers they are hiring new staff to market its ad technology to big advertisers... Read more ›
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11.07.2025 08:22
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